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What is the Present Value of a 4 year $400 ordinary annuity at 10 percent? A. 2,049.31 B. 1,667.95 C. 1,267.95 D. 800.24 E. 800.22

What is the Present Value of a 4 year $400 ordinary annuity at 10 percent?

A. 2,049.31

B. 1,667.95

C. 1,267.95

D. 800.24

E. 800.22

Please show your work!

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